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Hernando MS Real Estate Market Report - March 2011 - 04/23/11 10:08 PM
Hernando MS Real Estate Market Report - March 2011
Currently, there are 238 homes available for sale in the Hernando MS area:
low price $29,900 high price $995,000 median price $189,900
These 238 homes mean that Hernando MS has an 11.7 month supply of homes. Approximately 9.7% of the available homes are foreclosures.
There were 24 homes that sold in Hernando MS in March with an average sales price of $187,024 and an average days on the market of 151. Here are some comparisons to last month and March of last year:
February 2011sales: 23 Avg $: 163,200 Avg DOM: 127
March … (0 comments)
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Hernando MS Real Estate Market Report - February 2011 - 04/23/11 09:51 PM
Hernando MS Real Estate Market Report - February 2011
Hernando MS continues to see its sales volume increasing. There were 23 sales in February with an average sales price of $163,200 and an average days on the market of 127.
Here are the comparisons for sales from last month and the same time last year:
January 2011sales: 15 Avg $155,466 Avg DOM 99
February 2010sales: 25 Avg $180,968 Avg DOM 74
Sales in Hernando can be broken down into sales by type and sales by price.
Hernando MS sales by type:
Hernando MS sales by price:
Currently, there are 170 … (1 comments)
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Tate County MS Real Estate Market Report - March 2011 - 04/23/11 09:17 PM
Tate County MS Real Estate Market Report - March 2011
This month's market report for Tate County MS graphically illustrates the effect of foreclosures on the average sales price of homes sold. The number of homes sold in Tate County MS has increased to 10 sold in the month of March. However, the average sales price dropped to $99,436 and the average days on the market was 127.
Last month, all of the homes sold in Tate County were non-distress sales (no foreclosures). This month, over 60% of the homes sold were foreclosures and the average sales price reflects that.
Here … (0 comments)
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Tate County MS Real Estate Market Report - February 2011 - 04/23/11 08:54 PM
Tate County MS Real Estate Market Report - February 2011
Even though there were only 8 home sales in Tate County MS in the month of February, that is still an increase from the previous month. The average sales price was $159,843 and the average days on market was 138. Here are the comparisons to last month and same time last year:
January 2011sold: 5 Avg $104,380 Avg DOM 94
February 2010sold: 7 Avg $73,817 Avg DOM 146
Currently, there are 142 homes for sale in Tate County MS.
low price $32,000 high price $1,965,000 median price $155,500 This number of homes … (0 comments)
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Olive Branch MS Real Estate Market Report - March 2011 - 04/21/11 09:22 PM
Olive Branch MS Real Estate Market Report - March 2011
Olive Branch MS is experiencing a steady housing inventory level. The absorption rate (the amount of time it would take to sell all of the existing homes on the market if they sold at the current rate) remains at a high of 10.8 months. There are currently 419 homes for sale in Olive Branch MS with a:
low price $25,000 high price $699,900 median price $185,000
There were 48 homes sold in Olive Branch MS during the month of March 2011. The average sales price was $178,064 and the average days on … (0 comments)
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Olive Branch MS Real Estate Market Report - February 2011 - 04/21/11 08:52 PM
Olive Branch Real Estate Market Report - February 2011
Olive Branch MS experienced a rebound in both number of sales and average sales price in February over January of 2011. Our unusually high amount of winter precipitation may have played a roll in the number of home sales not reaching the number sold in February of last year (40); however, the average sales price saw an increase of over $10,000. Olive Branch MS had 38 sales in February 2011 with an average sales price of $177,438 and average days on the market of 101.
Here is how the numbers compare to last month and … (0 comments)
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Pam Simpson - GRI, Broker-Assoc.
Senatobia,
MS
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Bob Leigh & Assoc., LLC
Office Phone: (662) 449-3530
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